Shares of Canoe EIT Income Fund (OTCMKTS:ENDTF - Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$10.51 and traded as high as C$10.52. Canoe EIT Income Fund shares last traded at C$10.49, with a volume of 883 shares.
Canoe EIT Income Fund Trading Up 1.1 %
The company's fifty day moving average price is C$10.51 and its 200-day moving average price is C$10.72. The stock has a market cap of C$1.29 billion and a price-to-earnings ratio of 3.07. The company has a debt-to-equity ratio of 29.91, a current ratio of 0.96 and a quick ratio of 0.96.
Canoe EIT Income Fund Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, May 15th. Stockholders of record on Thursday, April 24th will be paid a $0.0703 dividend. This represents a dividend yield of 7.9%. This is a boost from Canoe EIT Income Fund's previous dividend of $0.07. The ex-dividend date of this dividend is Wednesday, April 23rd. Canoe EIT Income Fund's dividend payout ratio (DPR) is presently 17.05%.
About Canoe EIT Income Fund
(
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Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors.
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